Patrick Potter and Ashley Jericho were recently quoted in Global Restructuring Review, “Hong Kong proceedings denied recognition in Texas over US property requirements and COMI issues.”

Patrick Potter and Ashley Jericho were recently quoted in Global Restructuring Review, “Hong Kong proceedings denied recognition in Texas over US property requirements and COMI issues,” discussing how a Texas bankruptcy judge denied U.S. recognition and enforcement of the liquidation of a Hong Kong ceramics group (and its prior owner). “[F]or all the ink spilled and litigation consumed, the Sui-Fung Group Liquidation would likely have been eligible for Chapter 15 had the parties effectively funded a retainer in the United States prior to filing the petition,” Patrick and Ashley are quoted as saying. To read more, click here.